EUR/SGD - 1H - Technical analysis published on 10/31/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
44%
39%
My opinion
Neutral between 1.4449 SGD and 1.4513 SGD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.4449 SGD. The first resistance is located at 1.4513 SGD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/SGD rating is 1.4485 SGD. The price is lower by -0.01% since the last closing and was traded between 1.4466 SGD and 1.4571 SGD over the period. The price is currently at +0.13% from its lowest and -0.59% from its highest.1.4466
1.4571
1.4485
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/SGD in 1H shows an overall slightly bearish trend. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.4419 | 1.4449 | 1.4477 | 1.4485 | 1.4513 | 1.4548 | 1.4576 |
| Change (%) | -0.46% | -0.25% | -0.06% | - | +0.19% | +0.43% | +0.63% |
| Change | -0.0066 | -0.0036 | -0.0008 | - | +0.0028 | +0.0063 | +0.0091 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4374 | 1.4401 | 1.4443 | 1.4470 | 1.4512 | 1.4539 | 1.4581 |
| Camarilla | 1.4467 | 1.4473 | 1.4480 | 1.4486 | 1.4492 | 1.4499 | 1.4505 |
| Woodie | 1.4383 | 1.4405 | 1.4452 | 1.4474 | 1.4521 | 1.4543 | 1.4590 |
| Fibonacci | 1.4401 | 1.4427 | 1.4443 | 1.4470 | 1.4496 | 1.4512 | 1.4539 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4233 | 1.4330 | 1.4400 | 1.4497 | 1.4567 | 1.4664 | 1.4734 |
| Camarilla | 1.4424 | 1.4439 | 1.4455 | 1.4470 | 1.4485 | 1.4501 | 1.4516 |
| Woodie | 1.4220 | 1.4323 | 1.4387 | 1.4490 | 1.4554 | 1.4657 | 1.4721 |
| Fibonacci | 1.4330 | 1.4394 | 1.4433 | 1.4497 | 1.4561 | 1.4600 | 1.4664 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.4063 | 1.4228 | 1.4337 | 1.4502 | 1.4611 | 1.4776 | 1.4885 |
| Camarilla | 1.4370 | 1.4395 | 1.4420 | 1.4445 | 1.4470 | 1.4495 | 1.4520 |
| Woodie | 1.4034 | 1.4214 | 1.4308 | 1.4488 | 1.4582 | 1.4762 | 1.4856 |
| Fibonacci | 1.4228 | 1.4333 | 1.4398 | 1.4502 | 1.4607 | 1.4672 | 1.4776 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.80 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | -5.0368 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.4503 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.4545 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 1.4539 | |
| Zig ZAG (10): | 1.4487 | |
| VORTEX (21): | 1.0026 | |
| Stochastique (14,3,5): | 19.61 | |
| TEMA (21): | 1.4497 | |
| Williams %R (14): | -82.35 | |
| Chande Momentum Oscillator (20): | -0.0043 | |
| Repulse (5,40,3): | -0.0734 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0075 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.4497 | |
| MA20: | 1.4470 | |
| MA50: | 1.4530 | |
| MA100: | 1.4636 | |
| MAexp7: | 1.4493 | |
| MAexp20: | 1.4499 | |
| MAexp50: | 1.4491 | |
| MAexp100: | 1.4488 | |
| Price / MA7: | -0.08% | |
| Price / MA20: | +0.10% | |
| Price / MA50: | -0.31% | |
| Price / MA100: | -1.03% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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